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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Family-owned Simba Corporation has announced restructuring plans in its motor business that will see a number of employees laid off.
Chief Executive Officer Dinesh Kotecha said in a statement released yesterday that the impact of the coronavirus pandemic had "compounded what was already a very difficult business environment over the past few months."
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